Tag Archives: AA News

It is no news that an increasing number of corporate investors are seeking to gain more exposure to cryptocurrencies, given that the asset class has grown tremendously from its nascent state into a popular financial instrument. VC Investments Surge 450% With corporate investors seeing the opportunities associated with cryptocurrencies, a recent report published in CryptoQuant suggests that such businesses saw an inflow of more venture capital (VC) funding in 2021 compared to...

The start of a new year provides an opportunity to reflect on the past and move forward with intention and purpose. And while other crypto personalities started 2022 with bullish predictions, Ethereum’s co-founder Vitalik Buterin chose to travel back in time, revisiting some of the things he predicted over the last ten years. He also shared what he learned and what he thinks about the subjects today. As a programmer, writer, and an active member of the cryptocurrency space...

Nayib Bukele, who made history last year by becoming the first President to adopt bitcoin as legal tender, believes two more countries will follow this example in 2022. Additionally, he predicted a price tag of $100,000 for the primary cryptocurrency. It’s safe to say that El Salvador is the most open country in terms of BTC adoption as it voted for the asset to become legal tender in 2021. Following this historic move, the nation and its pro-bitcoin President have continued...

Israel’s authorities continue their efforts in order to clamp down on individuals and companies supposedly related to funding terrorism. In the latest example, they seized just over $800,000 in digital assets from such a firm. According to a recent local report, Defense Minister Benny Grantz has signed the order for the seizure. The coverage indicated that the total amount was NIS 2.6 million (worth approximately $840,000) in undisclosed crypto assets. The funds were...

The hip hop megastar Marshall Mathers, better known for his stage name – Eminem, has become the latest super celebrity to purchase a Bored Ape NFT. Bored Ape #9055. Source: TwitterAs CryptoPotato reported earlier, NFTs from the Bored Ape Yacht Club (BAYC) collection have seen their floor price increase by 35% while that of other popular collections decreased in turn. Part of the reason for this might be the fact that many super celebrities such as Steph Curry have jumped on...

Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things that Hoskinson mentioned in the video is that 2022 will probably be one of the best years for the industry and for Cardano, specifically. He also outlined that the market grew...

Although bitcoin ended up with a more than 60% increase in 2021, there was a bit of a disappointment in the crypto space. This is because the asset failed to increase into a six-digit territory and actually fell by 30% in less than two months. The creator of the popular stock-to-flow model, though, initiated a poll, which shows that nearly 50% of the community expects BTC to head to and above $100,000 by the end of 2022. Above $100K in the Next 12 Months? Before exploring the...

Mexico’s central bank (Banco de México) announced it “will have a digital currency of its own in circulation” by 2024. Thus, the Latin American country put its name next to other nations such as China and Indonesia, which also unveiled plans to launch their CDBCs soon. Digital Peso by 2024 In a recent tweet, the government of Mexico revealed that Banco de México (the Central Bank of Mexico) will implement a CBDC in the country’s financial system by 2024. The authorities...

The Securities and Exchange Commission has hired Corey Frayer to advise Chairman Gary Gensler on regulations of cryptocurrencies. Frayer’s previous experience includes operating as a professional staff member of the Senate Banking Committee and policy adviser for the House Financial Services Committee. The US watchdog has a complicated history with the cryptocurrency space. The appointment of Gary Gensler as Chairman earlier this year was considered by many as a positive step...

Enjin is wrapping up 2021 in grand style as its scalable, decentralized, and cross-chain NFT infrastructure, Efinity, emerged as the winner of Polkadot’s last parachain auction for the year. With 7.7M $DOT contributed by over 20,000 community members, @efinityio has won the 6th @Polkadot parachain auction! 🎉 Thank you to everyone who has supported us in our endeavor to bring #NFTs to Polkadot. To Efinity and beyond! pic.twitter.com/n2ffJEr53C — Enjin | We’re Hiring!...